Fidelity National Information Services Inc
FIS: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$53.00 | Jcjjpkp | Rswrnqfz |
FIS Plans to Undo Its Merger With WorldPay
Business Strategy and Outlook
Fidelity National Information Services' acquisition of WorldPay in 2019 was one of three similar transformational deals that took place in short order. But while its peers remain full speed ahead with their approach, FIS has decided to undo the WorldPay deal, as it struggles with operational issues within the WorldPay business.